There are currently no widgets assigned to the right-sidebar, place some!
Once you add widgets to this sidebar, this default information will go away.
This theme also uses the WordPress 3.0 Menu system. You probably see the default stuff you have in the menubar. Go to Appearance -> Menu in the
wp-admin (dashboard) and create a new menu.
Of course the elf should interfere! That fireball could kill Dana!
Does the witch not view our favorite elf as part of the party?
Dammit elf, you are not part of this steak!!!